197 Lancaster Drive, Red Deer

2026-09-18

197 Lancaster Drive, Red Deer, Alberta

3 Bed 2 Bath 1207 ft² 2 Garage
For Sale Single Family
$412,000

MLS®#A2342924

Court Ordered Sale - Situated in a family friendly location close to several schools, parks, playgrounds, and the Collicutt Centre, this 1,207 sq ft bi-level offers plenty of space for a growing family. Featuring an open concept main floor, a partially finished basement, a large backyard, and an oversized double detached garage, this home offers a great opportunity to add your own finishing touches and unlock its full potential. The main floor is bright and spacious, with a large front facing window bringing plenty of natural light into the living room. The kitchen features an abundance of white cabinetry, white appliances, a corner pantry, and an oversized island with eating bar, while the adjoining dining area provides plenty of room for a large table. Three bedrooms are conveniently located on the main floor, including a spacious primary bedroom with its own private 4 pce ensuite, while the two additional bedrooms share the main 4 pce bathroom. Downstairs, the partially finished basement provides a large rec room space along with two additional bedrooms and further potential to finish the space to suit your needs. Outside, the large backyard offers plenty of room to enjoy with a spacious side deck, along with an oversized double detached garage providing excellent parking and storage space. With a convenient location close to recreation, schools, parks, and everyday amenities, this property offers plenty of potential for its next owner. (id:32467)

Building Single Family
Rooms
Bedrooms 3
Bathrooms 2
Square Footage 1207 ft²
Built in 2003
Parking Type 2
Neighbourhood Red Deer

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How much could you save in commission selling with One Percent Realty?

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Your One Percent Realty
Commission savings†

$500,000

† Saving calculated using a sample cooperating commission of 1% to the buyer's agent compared to other agents charging 7% on the first $100,000 & 3% on the balance. There is no standard industry commission and cooperating commission options can be discussed with your agent.

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Q.
What is the deal exactly, with One Percent Realty?

At One Percent Realty, we offer full real estate service while helping sellers reduce the amount they pay in commission fees. In terms of service, marketing, and exposure, we are comparable to traditional real estate brokerages. Your property is listed on MLS®, REALTOR.ca, and other major real estate websites. We provide professional marketing, signage (where permitted), showings, open houses, negotiation services, contract management, and guidance from listing to possession day. The difference is simple: you receive full professional service without paying unnecessarily high commissions.

Q.
What do you charge?

For residential properties priced at $500,000 and under, we charge a flat fee of $5,000 plus GST. For residential properties over $500,000, we charge 1% of the sale price plus GST. The seller decides what they wish to offer the buyer’s agent, starting with an equal commission of 1%. For commercial properties, farms, or development opportunities, please contact us directly for a customized consultation.

Q.
Are your listings on MLS® and realtor.ca?

Yes. Your property receives full MLS® exposure and appears on REALTOR.ca just like listings from traditional brokerages.

Learn more about the 1% Deal
Bhavya
Bhavya Soni

Associate

Opendreamdoorswithbhavya@gmail.com

7807070479

Support Area:
Edmonton,Beaumont,Fort Saskatchewan,Spruce Grove,Stony Plain,Sherwood Park,St Albert,Millet,Wetaskiwin,Calmar,Devon,Morinville,Westlock County,Red Deer,Rimbey,Athabasca,Leduc,Falun,Ponoka,Lacombe,Camrose,Thorby,Drayton Valley

Bhavya Soni is one of the top performing full-time agents of One Percent Realty. Her name has been published TWICE, first as #5 agent in the "TOP 10 AGENTS IN EDMONTON 2024" & #10 agent in the "TOP 10 AGENTS IN EDMONTON 2025" while being pregnant with her first child...